<TABLE> <S> <C>

<ARTICLE> 5
<RESTATED> 
       
<S>                             <C>                     <C>                     <C>
<PERIOD-TYPE>                   6-MOS                   3-MOS                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1997             DEC-31-1997             DEC-31-1996
<PERIOD-END>                               JUN-30-1997             MAR-31-1997             DEC-31-1996
<CASH>                                      51,141,586              55,997,374              58,803,105
<SECURITIES>                                         0                       0                       0
<RECEIVABLES>                               10,512,562              10,390,628               6,274,848
<ALLOWANCES>                               (1,234,144)             (1,252,338)             (1,067,092)
<INVENTORY>                                          0                       0                       0
<CURRENT-ASSETS>                            62,605,872              67,577,386              66,360,429
<PP&E>                                      10,528,932               9,974,841               9,753,244
<DEPRECIATION>                               (571,538)               (407,286)               (250,233)
<TOTAL-ASSETS>                             108,201,513             110,703,374             108,065,144
<CURRENT-LIABILITIES>                       10,537,275              10,850,771               9,920,550
<BONDS>                                      6,619,840               8,911,221               8,903,156
<PREFERRED-MANDATORY>                                0                       0                       0
<PREFERRED>                                    233,000                 249,000                 250,000
<COMMON>                                       856,587                 854,954                 855,582
<OTHER-SE>                                  89,206,305              87,744,304              86,929,975
<TOTAL-LIABILITY-AND-EQUITY>               108,201,513             110,703,374             108,065,144
<SALES>                                     28,021,997              13,091,518              12,907,445
<TOTAL-REVENUES>                            28,021,997              13,091,518              12,907,445
<CGS>                                                0                       0                       0
<TOTAL-COSTS>                               17,482,675               8,058,679              10,078,919
<OTHER-EXPENSES>                             7,975,628               4,158,756               8,846,188
<LOSS-PROVISION>                               173,841                  91,339                  62,729
<INTEREST-EXPENSE>                             521,243                 275,442               1,137,974
<INCOME-PRETAX>                              3,436,161               1,372,299             (6,645,614)
<INCOME-TAX>                                 1,381,146                 551,474                       0
<INCOME-CONTINUING>                          2,042,964                 814,600             (6,645,614)
<DISCONTINUED>                                       0                       0                       0
<EXTRAORDINARY>                                      0                       0                       0
<CHANGES>                                            0                       0                       0
<NET-INCOME>                                 2,042,964                 814,600             (6,645,614)
<EPS-PRIMARY>                                     0.12                    0.05                  (0.59)
<EPS-DILUTED>                                     0.12                    0.05                  (0.59)
        

</TABLE>